Make the Syrup: In a large saucepan, combine the water, raw sugar, ground cinnamon, ground cloves, and lemon juice. Bring the mixture to a rolling boil. Once boiling, turn off the heat and stir in the honey until fully mixed. Set aside.
Toast the Semolina: In another large saucepan, toast the chopped almonds over medium heat. Add the olive oil, then stir in the semolina. Continue stirring until the semolina turns light golden, then turn off the heat. Roughly 2 minutes.
Combine: Slowly pour the hot syrup into the semolina mixture, stirring continuously. Be cautious, as it may bubble and steam. Mix until the syrup is fully absorbed and the mixture thickens. (see note 4)
Shape and Set: Grease a bundt tin with a little olive oil, then transfer the mixture into it, pressing down firmly to compact it. Allow the halva to cool to room temperature, then refrigerate until fully set. (At least 4 hours)
Serve: Remove from the tin, dust with ground cinnamon, and sprinkle with crushed almonds. Slice, serve, and enjoy!